GJ Town India

  Also hosted the 12th edition of NJA awarded The jewellery industry’s most premium B2B Expo, #HumaraApnaShow, India Gem and Jewellery Show (GJS), was organized by the apex industry body, the All India Gem and Jewellery Domestic Council (GJC), from 30th September 2023 to 3rd October 2023, at the prestigious Jio Convention Centre, Mumbai.  The four-day event was inaugurated by the honourable Governor of Maharashtra, Ramesh Bais, and was attended by over 400 exhibitors, with over 800 stalls, 250 international guests, and more than 10,000 visitors. The glittering ceremony also coincided with IDT Gemological Laboratories Worldwide presenting the gems and jewellery sector’s most important networking evening, GJS Nite, on 30th September 2023.  This event helped provide a platform for professionals and newcomers in the jewellery industry to network and build relationships with established industry leaders and experts.  The sparkling GJS Nite also featured several glamorous celebrities like So

  Supports the industry’s midstream rebalances   De Beers Group announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for the eighth sales cycle of 2023. The provisional rough diamond sales figure quoted for Cycle 8 represents the expected sales value for the period 18 September and 03 October and remains subject to adjustment based on final completed sales.   Al Cook, CEO, De Beers Group, said: “De Beers reduced its rough diamond availability and made sales of $200m as the industry’s midstream rebalances certain areas of stock accumulation.   De Beers will continue to support its Sightholders to help re-establish equilibrium between wholesale supply and demand by providing full flexibility for rough diamond allocations in Sights 9 and 10 of 2023, suspending De Beers Group online rough diamond auctions for the remainder of 2023, and investing an additional $20m in natural diamond marketing to help drive consumer demand during the holiday season.”  

  G7 Attempts to minimise any potential disruptions!   Recently, Trade Promotion Council of India (TPCI) said, G7 officials were exploring options to support Indian diamond traders in adhering to G7 sanctions against Moscow while minimizing any potential disruptions.    G7 representatives, in collaboration with the Gem & Jewellery Export Promotion Council (GJEPC) and the Bharat Diamond Bourse (BDB), were exploring avenues to support Indian diamond traders in adhering to the G7’s sanctions on Moscow while ensuring minimal or no disruptions, according to Anoop Mehta, President of the BDB.   The recent communication represents a significant development for local diamond traders, as G7’s sanctions on Russian stones have been a setback for the nearly 1.5 million-strong Surat diamond industry. This industry has also been grappling with reduced demand and the effects of a global economic slowdown. The G7, consisting of the United States, the United Kingdom, France, Germany, Italy, Jap

The collection marks a significant milestone! On the onset of winter wedding, House of Surya, India's leading fashion brand, dazzled the fashion world with its exotic bridal collection-Sajda. Surya today launched the much-anticipated launch of its latest bridal collection- Sajda. This collection marks a significant milestone for the brand, as it continues to redefine premium and luxury bridal wear. With the bridal season in full swing, House of Surya invites brides-to-be, fashion enthusiasts, and connoisseurs of timeless elegance to explore a captivating array of bridal couture that combines tradition with contemporary aesthetics. This new collection promises to elevate the bridal experience to new heights. “With the launch of Sajda, we reinforce our commitment to reinventing creativity, craftsmanship, and classical elegance. Our design team has poured their passion and creativity into crafting each piece, ensuring that brides radiate timeless beauty on their special day.  From int

Organised from 3rd to 5th October Gem & Jewellery industry pledges to enhance Trust, Transparency, Sustainability, Traceability & Responsible Sourcing thru’ self-regulation The World Jewellery Confederation (CIBJO) held its annual Congress for the first time in Jaipur at Fairmont, Jaipur. The Congress is being organised from 3rd to 5th October. Pre-Congress meetings were held on 1st and 2nd October. The 2023 Congress is being hosted by the Gem & Jewellery Export Promotion Council (GJEPC) and the National Gem & Jewellery Council of India (NGJCI) supported by Ministry of Commerce and Industry and MSME Ministry, Govt. of India. The inaugural session was graced by Piyush Goyal, Union Minister of Commerce & Industry, Government of India, (shared a virtual message); Gaetano Cavalieri, President, CIBJO; Vipul Shah, Chairman, GJEPC; Pramod Kumar Agarwal, Vice President, India, CIBJO and Chairman, NGJCI; R. Arulanandan, Director, Department of Commerce, Govt. of India; Ferie

A night of glamour with over 2,000 jewellery   IDT Gemological Laboratories Worldwide presented the gems and jewellery sector’s most important networking evening, GJS Nite, to meet and forge relationships with experienced and enthusiastic industry leaders on 30th September 2023, at the iconic Jio World Convention Centre, Mumbai.   The glittering GJS Nite was organised by GlamBox Xperience & Xpositions and was supported by the All India Gem and Jewellery Domestic Council (GJC) India, the apex industry body representing over 400,000 Indian jewellers and millions of stakeholders across the jewellery fraternity. Over 2,000 participants from all sectors of the jewellery industry, such as manufacturers, wholesalers, traders, and retailers; attended the industry’s most flamboyant networking event.  This event, full of entertainment, was followed by a Fashion Show at the same venue, featuring trending and inspiring young models and celebrities walking the ramp showcasing their respecti

The Only Diamond and Diamond Jewellery show   The Bharat Diamond Week (BDW) 5th edition organized by Bharat Diamond Bourse (BDB), world's largest diamond exchange, opened with International dignitaries from Angola, Botswana and buying delegation from over 6 economies along with Indian buyers visiting the Exhibition. In spite of the current volatile situation, BDW the only Diamond and Diamond Jewellery, exhibition saw encouraging participation from buyers.   The Bharat Diamond Week 5th edition saw Industry glitterati descend in Mumbai which in itself is testimony and motivation to the entire Gems and Jewellery sector. Delegates from Angola, Dr. Jose Galiano, Advisor to Minister, Ministry of Mineral Resources Petroleum and Gas, Dr. Eugenio Bravo Da Rosa, Chairman / CEO, Sodiam E.P., Mmetla Masire, Managing Director, Okavango Diamond Co, Botswana, K.P. Abdul Salam, Vice Chairman, Malabar Group, Yoram Dvash, President, World federation of Diamond Bourses were the guests of honor al